GBP/USD technical analysis: Falling channel favors bears, 50-bar SMA limits immediate upside

Ever since Monday’s U-turn, GBP/USD forms a short-term falling trend-channel that directs short-term moves as it trades near 1.2845 during early Friday.
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Forex Today: Pound falls on election uncertainty; markets generally steady amid relatively thin economic docket

Here is what you need to know on Friday, October 25: The US Dollar ignored weaker US durable goods orders report and gained some traction in the wake
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